The echo of history. The BTC cycle in 2016-2017 was legendary. It witnessed BTC pumping from a low of $400 to an all-time high of nearly $20,000 - a surprising rise of 50 times, shocking the world. Now, the same pattern is appearing in a strange way. The impact of Halving: Similar to 2016, BTC recently experienced a Halving event, reducing Miner rewards and tightening supply. According to history, this has acted as a powerful catalyst for price pumping. Applicable rise: Institutional interest, similar to the price pump in 2017, is rising exponentially, with many large companies joining. Market psychology: The driving force behind the price pump is forming, propelled by Technical Analysis, blockchain data, and the increasing awareness of the potential of cryptocurrencies by the public. Why this cycle could be even longer BSV#BTC横盘震荡,还能破$10万吗? #PPI和CPI数据即将公布,市场行情会如何变化? #AI Agent代币反弹,你看好哪些币?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
The echo of history. The BTC cycle in 2016-2017 was legendary. It witnessed BTC pumping from a low of $400 to an all-time high of nearly $20,000 - a surprising rise of 50 times, shocking the world. Now, the same pattern is appearing in a strange way. The impact of Halving: Similar to 2016, BTC recently experienced a Halving event, reducing Miner rewards and tightening supply. According to history, this has acted as a powerful catalyst for price pumping. Applicable rise: Institutional interest, similar to the price pump in 2017, is rising exponentially, with many large companies joining. Market psychology: The driving force behind the price pump is forming, propelled by Technical Analysis, blockchain data, and the increasing awareness of the potential of cryptocurrencies by the public. Why this cycle could be even longer BSV#BTC横盘震荡,还能破$10万吗? #PPI和CPI数据即将公布,市场行情会如何变化? #AI Agent代币反弹,你看好哪些币?